alphas are present only for stocks favored by long-horizon funds. The results are similar to Lan et al. (2018), although our magnitude of outperformance is substantially lower. Adjusted R- squared values

. Alternatively, another way to put into perspective the magnitude of the effect of board gender diversity is to compare its effect to the effect of a control variable. For instance, firm size, as proxied by total

INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...

on an assessment by the Issuer and the Guarantor, taking into account the expected magnitude of their negative impact and the probability of their occurrence as they relate to the Group as a whole. The